eyesice
Long

Welspun - Breakout

NSE:WELCORP   WELSPUN CORP LTD
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Welspun has been trying to break out from the current level twice now, but this time the volumes are in favour of the textile stock.

RSI and MACD also showing momentum. Can it break out?

Buy above 85. SL 82.5

As @bearishbull pointed out rightly, there is a hidden bullish divergence in the RSI and MACD levels as well.
Order cancelled
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